4 ms·

https://data.worldbank.org/indicator/NY.GDP.PCAP.PP.KD?locations=IT-ES-US-PT-GB https://data.worldbank.org/indicator/NY.GDP.PCAP.PP.KD?locat... On a PPP adjust

by from 4y ago

https://data.worldbank.org/indicator/NY.GDP.PCAP.PP.KD?locations=IT-ES-US-PT-GB https://data.worldbank.org/indicator/NY.GDP.PCAP.PP.KD?locat... On a PPP adjusted basis Italy/Spain/Portugal are no richer than they were 20 years ago. They can no longer devalue their currency like they used to when they ran into trouble.